WATERTOWN, Mass.--(BUSINESS WIRE)--QD Vision (www.qdvision.com), developer of Quantum Light™ nanotechnology-based products for solid state lighting and displays, announced that Jason Carlson has been named President and CEO. 

Carlson brings to QD Vision significant leadership experience in building organizations, from startups to publicly held, multisite, multinational corporations. In addition, he was instrumental in two successful liquidity events for high tech start-ups, including one as CEO. Carlson joins the company as it experiences significant growth driven by interest in its Quantum Light™ products.

“Jason Carlson will take QD Vision to the next level,” said Jamie Goldstein, general partner at North Bridge Venture Partners. “He has a proven track record as a visionary leader skilled at generating business, growing revenues and achieving profitability at both public and private companies. QD Vision is poised to broadly scale its lighting and display businesses while introducing products in other markets. Jason’s experience is a perfect fit for the company.”

Carlson joins QD Vision from Emo Labs, a Waltham, MA-based company developing invisible loudspeaker systems, where he was President and CEO since 2006. Previously, he was CEO at Semtech Corp. (SMTC), and Audiologic Inc., and held senior executive positions at Cirrus Logic (CRUS) and ReSound (RSND), where he was a member of the founding team.

Carlson replaces Dan Button who served as QD Vision’s President and CEO since 2007. Button built QD Vision’s team that commercialized its technology and launched the world’s first quantum dot product for solid state lighting applications. Button played a similar role at E Ink, leading the company through its first product launch.

The Quantum Light™ optic enables LED lighting companies to produce lamps and downlight fixtures that combine the familiar warmth and color of incandescent bulbs with the energy efficiency of LED technology. QD Vision is also targeting its Quantum Light™ products at the LCD industry, where it will deliver step-change improvements in light throughput, power efficiency and color gamut, underpinning a strong cost and value proposition.

The addition of this portfolio augments QD Vision’s position in quantum dot intellectual property. Included in the acquisition is U.S. Patent No. 5,442,254 of Jaskie, one of the earliest patents on the use of photoluminescent quantum dots in product applications, and pending applications relating to the use of quantum dots to a wide variety of display applications, including LCD backlight units. Prior to this acquisition, QD Vision’s position in quantum dot intellectual property already included nine issued patents and more than 130 patents pending originating at MIT and QD Vision.

QD Vision is developing Quantum Light™ solutions for display backlight units (BLUs) used in several markets, including cell phones, laptops, and TVs, and plans to ship its first products in 2011. The company currently sells its Quantum Light^TM optic product to the solid state lighting industry. All QD Vision products integrate cutting-edge technologies in nanotech materials, spanning chemistry, manufacturing methods, device designs and applications.

“As we continue to develop new products for solid state lighting and displays based on quantum dot technology, we are building one of the strongest patent portfolios in the industry,” said Dan Button, QD Vision President and CEO. “This Motorola patent portfolio will be added to the vast wealth of intellectual property we already possess, which will enable us to maintain our market leading positions with our existing and future products.”

WATERTOWN, MA, May 3, 2010 -- QD Vision (www.qdvision.com), developer of Quantum Light™ nanotechnology-based products for solid state lighting and displays, took home the Silver at this year’s Edison Best New Products Awards for its Quantum Light™ optic in the Energy and Sustainability awards category.

The Quantum Light™ optic enables LED lighting companies to produce lamps and downlight fixtures that combine the pleasing warmth and color of incandescent bulbs with the energy efficiency of LED technology. The company’s first product, the Quantum Light™ optic, is a key component of Nexxus Lighting’s Array Quantum LED™ R30 lamp.

“Innovation is more important now than ever,” said Sarah Miller Caldicott, great grandniece of Thomas Edison, and Chairperson of the Edison Awards Steering Committee.  “The Edison Award winners are the moving parts in the engine of economic growth.  They inspire people to think outside the box and their results improve the lives of people around the world.”

Given annually, The Edison Awards are a peer-review honor and are voted on by roughly 2,000 members of the not-for-profit Marketing Executives Networking Group, an association of America’s top executives and academics.  The awards symbolize the persistence and excellence personified by Thomas Alva Edison, America’s premier inventor, inspiring America’s drive to remain in the forefront of innovation, creativity and ingenuity in the global economy.

“Winning the Silver at the Edison Best New Product Awards is a very significant accomplishment for QD Vision,” said Dan Button, QD Vision President and CEO.  “Our technology and products will play a key role in the development of new lighting and display products that deliver unmatched color and light while reducing the demand for energy.”     

About QD Vision, Inc.
QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions. QD Vision's Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

"Quantum Light" is a trademark of QD Vision, Inc.

Developer of Quantum Light™ Nanotechnology-Based Products for Lighting and Displays Named to List Honoring Companies Developing Game-Changing Approaches and Disrupting Technologies

The AlwaysOn Going Green East 50 represents a wide variety of emerging growth companies across the industry, including companies in energy management, energy storage, green transportation, green materials and building, life-sciences, water treatment and technologies, biofuels, solar energy, and other clean energy technologies.

QD Vision's Quantum Light™ product platform enables breakthrough performance and significant systems cost savings without the cost/performance trade-offs typical of other materials and lighting technologies. The Quantum Light™ platform utilizes the unique light-emitting properties of semiconductor nanocrystals to deliver a new value proposition for LED-based products, including extraordinary color quality, high-power efficiency, manufacturing versatility and design flexibility.

The first product using the company’s Quantum Light™ Optic, The Nexxus Array™ Quantum LED R30 lamp, began shipping this month, and is being highlighted this week by Nexxus Lighting at the GlobalShop Retail show in Las Vegas.

“Being selected to the GoingGreen East 50 list for the second straight year is a real honor for the company,” said Dan Button, president and CEO of QD Vision. “We have made significant progress working with display and lighting companies to bring game-changing, high-efficiency products to market.”

GoingGreen East 50 winners are selected by AlwaysOn editors in collaboration with KPMG. Judging criteria included market opportunity, nature of innovation, media buzz and awareness, commercialization and ability to create stakeholder value. The companies must also be located in the Eastern United States and Canada.

<>]]> http://www.qdvision.com/release-02112010 Tue, 16 Feb 2010 11:56:50 -0500 WATERTOWN, Mass. & DETROIT -- QD Vision, Inc. (www.qdvision.com), developer of Quantum Light™ nanotechnology-based products for solid state lighting and displays, announced today that DTE Energy Ventures has invested $3 million in the company. The funding will support QD Vision’s market expansion of quantum dot-based nanomaterials that enable major efficiency gains in high-quality solid-state lighting and flat panel displays. 

The investment follows a $10 million initial close of funding announced last month by the company.

“DTE Energy’s investment in QD Vision is a significant endorsement of our Quantum Light™ product platform, which will improve the quality of solid state lighting and displays while dramatically reducing power consumption and costs,” said Dan Button, CEO of QD Vision. “DTE Energy is actively participating in developing clean-energy solutions with its investments in some of the world’s most exciting startups in renewable energy, energy efficiency and energy storage solutions.”

Knut Simonsen, president, DTE Energy Ventures, said DTE Energy is pleased to partner with QD Vision and its highly talented team. “QD Vision’s Quantum Light™ platform will help lighting and display manufacturers reduce the carbon footprint of their products even as they continue delivering higher quality, better efficiency and lower costs for customers,” Simonsen said. “This technology promises to set a new standard for these multi-billion dollar global industries.”

Mike McNalley, Director of Energy Efficiency and Business Energy Services, DTE Energy, said “We look forward to creating more LED lighting options for our customers with QD Vision products. We plan to encourage QD Vision to team up with Michigan based LED lighting companies and broaden their market reach.”

QD Vision’s first product, announced in 2009, is a Quantum Light™ optic for a new high- efficiency, high-color-quality LED lamp developed by Nexxus Lighting, Inc. (NASDAQ:NEXS), that combines the warmth and color of incandescent bulbs with the efficiency of LED technology. The power-saving lamp, expected to ship in the first quarter of 2010, can be directly installed in standard Edison sockets used by today’s incandescent bulbs. Meanwhile, QD Vision is actively working with several worldwide major manufacturers to design its Quantum Light™ optic into a number of SSL lamps and fixtures.

Founded in 2004 by a research team from MIT, QD Vision has raised a total of $33 million in venture capital financing. Other investors include North Bridge Venture Partners (www.NBVP.com), Highland Capital Partners (www.HCP.com) and In-Q-Tel (www.IQT.org).

About QD Vision, Inc.
QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions to major industries where color, power and cost matter. QD Vision's Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass. "Quantum Light" is a trademark of QD Vision, Inc.

About DTE Energy Ventures
DTE Energy Ventures (www.dteenergyventures), a subsidiary of DTE Energy, invests in and works with high-potential energy technology companies to develop products and nurture businesses. The subsidiary has invested more than $100 million in energy-related companies and funds, and it is one of the largest Michigan-based venture capital operations.

DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include Detroit Edison, an electric utility serving 2.2 million customers in Southeastern Michigan, MichCon, a natural gas utility serving 1.2 million customers in Michigan and other non-utility, energy businesses focused on power and industrial projects, coal and gas midstream, unconventional gas production and energy trading. Information about DTE Energy is available at www.dteenergy.com.

]]> http://www.qdvision.com/release-01212010 Fri, 22 Jan 2010 13:36:51 -0500 Investment by North Bridge Venture Partners, Highland Capital Partners and In-Q-Tel to Fund Rollout of Quantum Dot Nanomaterials for LED-Based Solid State Lighting and Displays

WATERTOWN, MA, Dec. 16, 2009--QD Vision (www.qdvision.com), developer of Quantum Light™ nanotechnology-based products for solid state lighting and displays, today announced it raised $10 million in financing from North Bridge Venture Partners, Highland Capital Partners and In-Q-Tel.

This new round of funding will support the expansion of the first QD Vision Quantum Light™ products into the global solid-state lighting market, and continued advancements on a new generation of quantum dot-based LEDs and materials for high-resolution displays. Founded in 2004 by a research team from MIT, the financing brings to $30 million the total venture investment in QD Vision.

"QD Vision's Quantum Light™ products unleash the power of quantum dots to deliver high quality light and color, and unlike other technologies, they concurrently reduce power consumption, and enable more cost-effective solutions for today's LED-based lighting and display manufacturers," said Dr. Daniel Button, CEO of QD Vision. "The vote of confidence and support from North Bridge, Highland and In-Q-Tel provides QD Vision the resources to meet the huge and growing demand for green-tech lighting and display solutions, which represent a multi-billion dollar global market opportunity."

Since announcing its first product earlier this year--a Quantum Light™ optic for a new LED lamp developed by Nexxus Lighting, Inc. (NASDAQ:NEXS) that combines the warmth and color of incandescent bulbs with the efficiency of LED technology--QD Vision has seen a significant increase in interest from the lighting and display industry in its quantum dot technology. The Nexxus lamp featuring the Quantum Light™ optic is scheduled to ship in Q1 of 2010.

In November 2009, the New England Clean Energy Council named QD Vision the Emerging Company of the Year. On President Obama's recent visit to MIT to give a major address on research and technology innovation, QD Vision's technology was featured as a leading example of clean-tech research and development. In September 2009, the Wall Street Journal recognized QD Vision with a Technology innovation Award.

About QD Vision, Inc.
QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions to major industries where color, power and cost matter. QD Vision's Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

About North Bridge Venture Partners
North Bridge Venture Partners is an active, early-stage venture capital fund based in the Boston, Massachusetts area. For North Bridge, success is a partnership with management that produces leading public companies in large emerging markets. Working closely with entrepreneurs, North Bridge adds value by providing strategic guidance, specific industry knowledge, team-building skills, and an in-depth understanding of both private and public financings. (www.NBVP.com)

About Highland Capital Partners
Highland Capital Partners was founded with the mission of helping great people build great companies. Since its inception in 1988, the firm has taken a sector-focused approach to investing in exceptional communications, consumer, digital media, health care and information technology companies. With over $3 billion of committed capital and offices in Boston, Silicon Valley, Shanghai and Geneva, Highland has invested in and worked to create such firms as Ask Jeeves, Avid Technology, CheckFree, Conor Medsystems, Continental Cable, lululemon athletica, Lycos, MapQuest, Navic Networks, Ocular Networks, P.A. Semi, Quigo, Starent Networks, Sybase, Telica and VistaPrint. (www.HCP.com)

About In-Q-Tel
In-Q-Tel is the strategic, not-for-profit investment firm that works to identify, adapt, and deliver innovative technology solutions to support the mission of the U.S. Intelligence Community. Launched by the CIA in 1999 as a private, independent organization, In-Q-Tel s mission is to identify and partner with companies developing cutting-edge technologies that serve the national security interests of the United States. In-Q-Tel concentrates on several broad commercial technology areas, including software and infrastructure; security; and biological and physical technologies. To date, In-Q-Tel has engaged with more than 100 companies and delivered more than 140 technology solutions to the Intelligence Community. To learn more about In-Q-Tel, visit www.iqt.org.

WATERTOWN, Mass., Nov. 12, 2009--QD Vision's green-tech Quantum Light™ technology platform lit up President Obama's recent tour of laboratories at the Massachusetts Institute of Technology (MIT), where low-power, long-life Array™ Lighting LED lamps from Nexxus Lighting, Inc. (NASDAQ Capital Market: NEXS) are utilizing breakthroughs in quantum dot technology from QD Vision, Inc. to emit high-quality warm LED light.

The President visited MIT Oct. 23 to promote his administration's commitment to energy research enabling the U.S. to lead the world in the development of new, efficient and clean energy technologies. Prior to his speech to students and faculty, President Obama toured three MIT Laboratories, where cutting edge clean energy technologies are being developed with Government research funding. In one, QD Vision Scientific Advisor and Co-Founder Vladimir Bulovic, the KDD Associate Professor of Communications and Technology, demonstrated the Array™ Lighting LED lamp with Quantum Light™ optic technology to the President.

QD Vision's breakthroughs in very low power solid-state lighting are based on work that got its start in Prof. Bulovic's MIT laboratory. They exploit the unique light emitting properties of quantum dots to deliver huge reductions in power consumption and dramatic color quality improvements. Unlike the harsh, cold white light typical of today's low-power LED and fluorescent lights, quantum dots can warm up white light and dramatically improve emitted colors, while preserving the high efficiency of LEDs.

"By putting the spotlight on our Quantum Light™ product platform during President Obama's tour, MIT made a strong statement about the importance of clean, efficient lighting solutions that will provide the quality of light consumers need while reducing rather than enlarging their carbon footprints," said Dr. Dan Button, President and CEO of QD Vision.

The product demonstration by QD Vision and its commercial lighting partner Nexxus Lighting, shows the quality and efficiency improvements in lumen output and color rendering index (CRI) enabled by the Quantum Light™ optic when applied to the exit face of a Nexxus Array™ LED PAR 30 lamp. The companies have been working closely together for several months and expect to start delivering these breakthrough commercial products to market in early 2010.

"Array™ Lighting LED lamps by Nexxus allow for savings in energy of up to 80% and can last over 50,000 hours. Adding this new high color rendering, true incandescent warm white color choice to our Array™ product line meets the need for improved color rendering performance in LED lighting, without sacrificing the efficacy gains you can achieve through solid state solutions. These are industry-leading products" said Mike Bauer, President and CEO of Nexxus Lighting.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light™ platform enables step-change advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including cleantech applications, such as solid state lighting; consumer electronics, flat panel displays, electronic signage, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

About Nexxus Lighting, Inc.
Nexxus Lighting is a leader in advanced lighting technology, including solid-state LED and fiber optic lighting systems and controls used in commercial, architectural, signage, swimming pool, entertainment and retail lighting. Nexxus Lighting sells its products through its Commercial Lighting, Lumificient and Nexxus Lighting Pool and Spa units under the Array™ Lighting, Savi(r), eLum™, LiveLED™, Super Vision(r) and Lumificient™ brand names.

Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Reference is made to Nexxus Lighting's filings under the Securities Exchange Act for factors that could cause actual results to differ materially. Nexxus Lighting undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors. Readers are cautioned not to place undue reliance on these forward-looking statements.

WATERTOWN, Mass., Nov. 12, 2009--The New England Clean Energy Council has named QD Vision, Inc. (www.qdvision.com), developer of nanotechnology-based products for lighting and displays, the 2009 Emerging Company of the Year. In an awards ceremony at the council's Green Tie Gala Wednesday night at the JFK Library in Boston, the Clean Energy Council recognized QD Vision for "exiting its development phase with tremendous momentum, poised to build on that momentum with rapid sales growth."

In 2009, QD Vision emerged as a clean-tech innovator and leader enabling a new generation of highly efficient lighting and display products with significantly smaller carbon footprints. The company's Quantum Light™ product platform, built on quantum dot light emitting materials and devices, will deliver unparalleled color and brightness and require significantly less power than current-generation technologies for applications such as solid state lighting and displays. A next-generation LED lamp from Nexxus Lighting, Inc. (NASDAQ:NEXS) incorporating the Quantum Light™ optic from QD Vision will be commercially available in Q1, 2010.

"QD Vision is honored to be selected as the Clean Energy Council's Emerging Company of the Year, which entailed passing through a rigorous selection process," said Dr. Dan Button, President and CEO of QD Vision. "Our Quantum Light™ products break the performance trade off of current light sources by uniquely reducing power consumption and total system costs, while at the same time significantly improving light color quality and brightness."

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light™ platform enables step-change advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including cleantech applications, such as solid state lighting; consumer electronics, flat panel displays, electronic signage, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

About The Clean Energy Council
The New England Clean Energy Council's mission is to accelerate New England's clean energy economy to global leadership by building an active community of stakeholders and a world-class cluster of clean energy companies. The Council represents more than 150 members, comprising clean energy companies, venture investors, major financial institutions, local universities and colleges, industry associations, area utilities, labor and large commercial end-users. The Council's ranks include more than 50 clean energy CEOs, representatives from most of the region's top 10 law firms, and partners from over a dozen of the region's top venture capital firms (with a total of over $8 billion under management). Working with its stakeholders, the Council develops and executes a wide array of programs in five key focus areas: Innovation, Growth, Education and Training, Adoption, and Policy. For additional information please visit www.cleanenergycouncil.org.

In its article announcing the 9^th annual Technology Innovation Award winners, The Wall Street Journal wrote that it selected QD Vision for “inventing a way to dramatically improve the color quality of LED lights by using quantum dots—tiny semiconducting nanocrystals. QD Vision quantum dots can also be used to make energy-efficient flat-panel displays that can deliver purer, more intense colors.”

The WSJ also explained the problem QD Vision has solved:

“Light fixtures based on light-emitting diodes—semiconductors that glow brightly when charged—promise long-lasting, low-energy illumination. But there's a problem: The light produced is harsh and bluish in color. Special filters can be added to produce warmer tones, but they can make the fixtures less efficient. Devising a way to make warmer-colored, high-efficiency LEDs is seen as essential to their widespread adoption.”

QD Vision announced its first product earlier this year – a Quantum Light™ optic for a new LED lamp developed by Nexxus Lighting that combines the warmth and color of incandescent bulbs with the full efficiency of LED technology. The company’s Quantum Light^TM product line enables major improvements in color quality, brightness and efficiency for solid state lighting and displays, while reducing overall system costs. The Nexxus LED lamp incorporating the Quantum Light™ optic from QD Vision will be commercially available in early 2010.

“Winning this award is truly an honor for QD Vision and provides a great springboard as we aggressively move into the lighting and display markets,” said Dr. Dan Button, President and CEO of QD Vision. “We are seeing tremendous interest in our Quantum Light^TM product platform and this award will shine a bright spotlight on the breakthroughs we have achieved to deliver exceptional color quality without sacrificing high power efficiencies, and to realize significant cost savings across the value chain.”

About QD Vision, Inc.
QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

Since announcing its first product earlier this year – a Quantum Light™ optic for a new LED lamp developed by Nexxus Lighting that combines the warmth and color of incandescent bulbs with the efficiency of LED technology – QD Vision has seen a significant increase in lighting and display industry interest for its quantum dot technology. The company’s Quantum Light™ product line enables major improvements in color quality, brightness and efficiency for solid state lighting and displays, while reducing overall system costs. The Nexxus LED lamp incorporating the Quantum Light™ optic from QD Vision will be commercially available in early 2010.

“The potential improvements in lighting and display system cost, color and efficiency offered by our Quantum Light™ product platform have drawn increasing interest from several prestigious industry organizations, as well as leading companies in general illumination and consumer electronics markets,” said Dr. Dan Button, President and CEO of QD Vision. “Our announcement with Nexxus Lighting of the first SSL lamp utilizing quantum dot technology to achieve best-in-class performance generated a lot of excitement about what QD Vision is bringing to lighting and display applications.”

Company co-founder and chief technology officer Seth Coe-Sullivan and other QD Vision executives will discuss quantum dots and their impact on lighting and displays at the following conferences:

About QD Vision, Inc.
QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

Ignazzitto brings 23 years of experience to QD Vision, and has an extensive background in the energy industry, as well as in business-to-government marketing strategies. He will oversee QD Vision’s government business sector and manage relationships with all federal agencies and related channel partners.

Prior to joining QD Vision, Ignazzitto was Vice President, Government Sales at ReliOn, Inc. where he directed the sales and marketing of alternative energy technologies to government agencies such as the Department of Defense, Department of Homeland Security, and Department of Energy. He also managed more than 50 turnkey energy installations for federal and state customers. Previously, Ignazzitto spent 14 years at Mobil Oil Corporation in various international marketing positions. As general manager for Mobil’s Marine Division, Asia Pacific Region, he managed a $170 million business across 17 countries. As a graduate of West Point, Ignazzitto also has prior military experience.

Government agencies and the military have many emerging applications for our nanomaterial technology,” said Dr. Dan Button, president and CEO of QD Vision. “Frank’s government sector experience in various roles, including general management, business development, federal sales and marketing, technology introduction and channel management is ideal for this position.”

QD Vision this year announced its first product with Nexxus Lighting, designers of an LED lamp that integrates a QD Vision Quantum Light™ optic with cool white LED’s to produce color-rich, true- incandescent, warm white light. The Nexxus lamp is expected to be three times more efficient and last up to 25 times longer than comparable halogen lighting alternatives, and will be commercially available in early 2010. QD Vision also holds development contracts with several government agencies.

About QD Vision, Inc.
QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

Hillery and Mazzuchi have extensive experience in advanced lighting and displays. Prior to joining QD Vision, Hillery was VP, Finance at Color Kinetics, where he played a key role in both the company’s initial public offering and $790 million sale to Philips. Mazzuchi joins QD Vision from Luminus Devices, where most recently he was General Manager and Vice President, Sales for the display business group, and led the commercialization effort for LEDs in display systems.

“Frank and Matt bring critical experience to QD Vision as we deliver to market our first products in solid-state lighting,” said Dr. Dan Button, President and CEO of QD Vision. “Both played key roles at technology-leading companies in the lighting and display industry and we look forward to them helping drive QD Vision’s growth.”

Hillery has also held financial management roles at other high-growth technology companies and was a Senior Audit Manager at Deloitte & Touche LLP. Mazzuchi’s experience includes VP, Sales at Luxim Corporation, as well as a senior level product line manager at the OCLI Products division of JDSU. Mazzuchi has had extensive experience in Asia building long term commercial relationships, and securing design wins in the consumer electronics and display industries.

QD Vision recently announced its first product with Nexxus Lighting, an LED lamp that integrates a Quantum Light™ optic with cool white LED’s to produce color-rich, true- incandescent, warm white light. The lamp is expected to be three times more efficient and last up to 25 times longer than comparable halogen lighting alternatives.

About QD Vision, Inc.
QD Vision (www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting and display solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables step-change advances in current generation solutions, such as LCDs, LEDs and even OLEDs, and ultimately a significant leap over these technologies. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

WATERTOWN, MA, June 9, 2009--QD Vision (www.qdvision.com), developer of nanotechnology-based products for lighting and displays, today announced it has been awarded a Small Business Innovation Research (SBIR) Phase II contract by the U.S. Army as part of its Night Vision and Electronic Sensors Directorate (NVESD). Combined with new, additional funds for a Phase I option period, the award totals $775,000.

Under the grant, QD Vision will develop for NVESD, micro-displays based on quantum dot-based light-emitting devices (QLEDs). Quantum dots are nanometer-sized, inorganic crystals that create light when stimulated with photons or electrons. QD Vision's high resolution printing technology, along with the quantum dot's extremely small size, makes the technology a logical choice for the small feature sizes required by micro-displays.

The companies will demonstrate the product and technology at Lightfair International 2009 at the Javits Center in New York, New York, May 5 - 7, 2009, Booth #675. The Array Lighting Quantum Light™ solution for all Nexxus Lighting Array Par 30, MR 16 and Par 16 lamps is expected to be available in the 4th quarter of 2009, with volume production in early 2010.

QD Vision was selected from a number of competitors for this SBIR program that funds research and development for technological solutions to meet critical Army needs. The company will leverage experience gained in Phase I of the program, titled, Direct Patterning of Emitters for Micro-Displays, to develop the small, portable, micro-displays based on QLEDs.

"Being selected for Phase II of this grant is a tremendous achievement, and it demonstrates great confidence in QD Vision and its nanotechnology-based products," said Dr. Seth Coe-Sullivan, QD Vision co-founder and Chief Technology Officer. "Our extensive experience will help the Army to meet its requirements for state-of-the-art micro-displays."

Micro-displays are a key component of indirect viewing systems, and are used in applications that require high resolution, brightness, color contrast and power efficiency. They are featured in applications such as video headsets, helmet-mounted displays, wearable computers and other portable devices. QD Vision will leverage its leadership in quantum-dot materials and deposition techniques to develop micro-displays that feature high luminance contrast, saturated colors, and improved distinction and resolution of color coded data.

Research supported by the SBIR program stimulates technological innovation and promotes the productivity and economic growth of the nation.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light™ platform enables step-change advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including cleantech applications, such as solid state lighting; consumer electronics, flat panel displays, electronic signage, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

NEW YORK, NY, May 5, 2009--Nexxus Lighting, Inc. (NASDAQ:NEXS) and QD Vision, Inc. today unveiled the world's first quantum dot lighting solution that combines the efficiency of LED lighting with the warm color of incandescent bulbs. The new lamp integrates a quantum dot optic with cool white LEDs to produce color-rich, true incandescent, warm white light which can provide over 80% energy savings and lasts up to 25 times longer than comparable halogen lighting alternatives.

Architects and the lighting design community have been demanding a higher CRI LED product without the efficacy losses typically associated with these lamps. The new Quantum Light™ optic developed by QD Vision, integrated with Nexxus Lighting's patented Array™ Lamp designs and patent pending technology, solves this critical issue. The Nexxus Lighting Array™ lamp with the Quantum Light™ optic delivers a true incandescent, warm white, 2700 degree Kelvin lamp with a color rendering index of 90 or greater at over 65 lumens per watt.

The companies will demonstrate the product and technology at Lightfair International 2009 at the Javits Center in New York, New York, May 5 - 7, 2009, Booth #675. The Array Lighting Quantum Light™ solution for all Nexxus Lighting Array Par 30, MR 16 and Par 16 lamps is expected to be available in the 4th quarter of 2009, with volume production in early 2010.

"Nexxus Lighting's new Array LED lamp line is a perfect application for our quantum dot technology," said Dan Button, President and CEO of QD Vision. "This productive partnership, combining QD Vision's Quantum Light™ optic and the leading design capabilities of Nexxus Lighting, has resulted in a product the market has long been demanding lamps with exceptional color quality and power efficiency together."

"We are excited to add this new high color rendering, true incandescent warm white color choice to our successful Array™ LED lamp product offering," stated Mike Bauer, President and CEO of Nexxus Lighting. "The architectural lighting community has been clear in its demand for better color rendering performance in LED lighting, without sacrificing the efficacy gains you can achieve through solid state solutions." 

The product resulting from the Nexxus Lighting/QD Vision partnership was recently demonstrated at a White House ceremony, in which President Obama announced a $1.6 billion disbursement of research funds for clean energy products. The Nexxus Lighting/QD Vision project was one of only four technologies spun out of MIT that were demonstrated at the event, which featured remarks by MIT President Susan Hockfield.

Because the Nexxus Lighting Array lamps with Quantum Light™ are compatible with a standard, screw-in Edison base, they can easily replace incandescent and halogen lamps in existing downlight fixtures. Just in the US, the DoE estimates, the number of down lights and track heads with Edison base lamp installations equal over 139 million in commercial applications and over 262 million in residential lighting applications. Both companies expect that commercial availability of their high efficiency lamps with high color quality will overcome a major barrier to LEDs and will accelerate the penetration of LEDs in the $4 billion U.S. lamp market. The potential impact on the environment could be significant, a full conversion to LEDs of existing downlights and track heads in the US (approximately 10% of US fixtures) represents an annual savings of more than 35 billion KW hours (nearly $4 billion), which is the equivalent of nearly 6 power plants or more than 60 million barrels of oil per year.

About Nexxus Lighting, Inc.
Nexxus Lighting is a leader in advanced lighting technology, including solid-state LED and fiber optic lighting systems and controls used in commercial, architectural, signage, swimming pool, entertainment and retail lighting. Nexxus Lighting sells its products through its commercial, sign lighting and pool and spa lighting divisions under the Array™ Lighting, SV Lighting, Advanced Lighting Systems, Lumificient and Nexxus Lighting Pool and Spas brands.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light™ platform enables step-change advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including cleantech applications, such as solid state lighting; consumer electronics, flat panel displays, electronic signage, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

WATERTOWN, Mass., April 20, 2009--QD Vision (www.qdvision.com), developer of nanotechnology-based products for lighting and displays, today announced it has been selected by the Department of Energy (DoE) to receive more than $700,000 in funding for a project that will significantly contribute to the development of enhanced solid state lighting (SSL) technologies.

QD Vision was selected for its submission titled: Quantum Dot Light Enhancement Substrate for OLED Solid-State Lighting. With support from Professor Marc Baldo of the Massachusetts Institute of Technology, the QD Vision team will develop and demonstrate a cost-competitive solution to increase extraction efficiency in organic light emitting diodes (OLEDs) with efficient and stable color rendering index (CRI) for solid state lighting. The end goal is practical solid state lighting solutions that are not only power efficient, but also emit light with highly pleasing color qualities.

The DoE awarded a total of $26 million, $10.4 million for the 7 Core Technology Research projects, and $15.6 million for the Product Development selections. According to the DoE, the 14 selections are expected to contribute to the goal of the Solid State Lighting program: By 2025, develop advanced solid-state lighting technologies that, compared to conventional lighting technologies, are much more energy efficient, longer lasting, and cost competitive by targeting a product system efficiency of 50 percent with lighting that accurately reproduces sunlight spectrum.

The Core Technology Projects chosen represent a significant advancement in the SSL technology base and are expected to fill technology gaps and provide enabling knowledge or data. QD Vision is one of only two privately held venture funded companies to be chosen for funding by the DoE.

Being selected by DoE for its program on advanced solid state lighting technologies is another major achievement for QD Vision as we move closer to commercialization of game-changing cleantech products with our lamp and fixture partners,  said Dr. Dan Button, president and CEO of QD Vision.

Leading the technical effort for this project at QD Vision are Dr. Seth Coe-Sullivan and Dr. Peter Kazlas (Principal Co-Investigators). They will work with Dr. Jonathan Steckel and Dr. John Linton, Directors of Chemistry and Deposition Process Development, respectively at QD Vision, and Professor Baldo from MIT, who will provide research services as a subcontractor. 

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light™ platform enables step-change advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including cleantech applications, such as solid state lighting; consumer electronics, flat panel displays, electronic signage, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

MIT President Susan Hockfield introduced the proceedings with a description of the commercial potential of MIT's research investments, highlighting for the President QD Vision's "quantum dot light bulbs that are 500% more efficient than incandescent bulbs, with no sacrifice in light quality."

QD Vision's patented breakthroughs in very low power solid state lighting exploit the unique light emitting properties of quantum dots to deliver huge reductions in power consumption and dramatic color quality improvements. Unlike the harsh, cold white light typical of today's low-power LED and fluorescent lights, quantum dots can warm up white light and dramatically improve emitted colors, while preserving the high efficiency of LEDs.

The prototype demonstration by QD Vision and its commercial lighting partner Nexxus Lighting, which manufactures and markets the actual LED light bulbs, shows the quality and efficiency improvements in lumen output and color rendering enabled by the Quantum Light™ materials applied to the lens of a Nexxus Array LED Par 30 light bulb. The companies expect to start delivering commercial products in the near future.

About QD Vision, Inc.
QD Vision is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light™ platform enables step-change advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

About Nexxus Lighting, Inc.
Nexxus Lighting is a leader in advanced lighting technology, including solid-state LED and fiber optic lighting systems and controls used in commercial, architectural, signage, swimming pool, entertainment and retail lighting. Nexxus Lighting sells its products through its Commercial Lighting, Lumificient and Nexxus Lighting Pool and Spa units under the Array™ Ligthing, Savi(R), eLum™, LiveLED™, Super Vision(R) and Lumificient™ brand names.

WATERTOWN, Mass., March 2, 2009--QD Vision (www.qdvision.com), developer of nanotechnology-based products for lighting and displays, today announced it has been selected to the 2009 GoingGreen East 50 Top Private Company List. The GoingGreen East 50 Award is given to private, emerging companies creating new business opportunities in green technology. QD Vision was selected by the AlwaysOn editorial team based on demonstration of growth, market opportunity, quality of innovation and customer traction.

QD Vision's Quantum Light™ product platform, built on quantum dot light emitting materials and devices (QLEDs), will deliver unparalleled color and brightness and require significantly less power than current-generation technologies for applications such as solid state lighting and displays. Early Quantum Light™ materials and products will achieve these performance improvements by complementing and enhancing LEDs being used in next generation solid state lighting solutions. The company also is focused on developing Cadmium-free quantum dot materials to address global environmental requirements.

EL2008 is an international conference on the science and technology of emissive displays and lighting. In its fourth year, Global Plastics Electronics is the most comprehensive printed electronics event in Europe. The fall conference of the Materials Research Society is focused on extraordinary progress made in materials science and technology.

"QD Vision is honored to be selected for the GoingGreen East 50 list, which entailed passing through a rigorous selection process," said Dr. Dan Button, President and CEO of QD Vision. "Our Quantum Light™ products break the performance trade-off of current light sources by reducing power consumption while at the same time significantly improving lighting performance and color quality. This translates to important step changes in the lighting and display industries."

QD Vision and the other GoingGreen East winners will be recognized at the GoingGreen East Conference at the Four Seasons in Boston, MA, on March 9-11. This two-and-a-half day executive conference is co-presented and will feature presentations and high-level debates from CEOs, journalists, industry experts, investors and greentech executives.

"The GoingGreen East 50 companies have demonstrated their tenacity even in the toughest economic conditions that the technology world has ever encountered," said Tony Perkins, founder and editor of AlwaysOn. "We applaud their success in pushing the boundaries of innovation, creating market opportunities and transforming the industry even in the earlier stages of their businesses." 

The GoingGreen East 50 winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2009 list

A full list of all the GoingGreen East 50 winners can be found on the AlwaysOn website.

About AlwaysOn
ALWAYSON ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, ALWAYSON continued to lead the media industry in innovation by introducing a social network where members can connect and engage. ALWAYSON is also revolutionizing the media business by applying its open-media principles to its executive event series (Summit at Stanford, OnMedia, OnHollywood, GoingGreen East and West, Venture Summit East and West) and quarterly print blogozine  by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, ALWAYSON is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light™ platform enables stepchange advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

WATERTOWN, Mass., Feb. 6, 2009‐‐QD Vision, developer of nanotechnology-based solutions for displays and lighting, announced it has achieved significant improvements in brightness, efficiency and lifetime thresholds for its Quantum Light™ product platform, advancing its quest to make quantum-dot-based light-emitting devices (QLEDs) deliver best-in-class performance among display technologies.

The company announced that red QLEDs fabricated in its device laboratory have achieved external quantum efficiencies (EQEs) greater than 7% and demonstrated the highest reported brightness--more than 25,000 nits--for a quantum-dot LED. The company said its red devices (with a CIE x, y coordinate of 0.68, 0.32) achieved luminance efficiency of 3-4 cd/A at high brightness values ranging from 1,000-10,000 nits, with device lifetimes ranging from hundreds to thousands of hours at 100 nits. The company announced its yellow QLEDs demonstrated a peak brightness of more than 41,000 nits, a peak luminance efficiency of 13 cd/A (at 1500 nits) and a peak luminous power efficiency of 14 lm/W (at 300 nits) at a CIE x,y color point of (0.58, 0.42); all three peak luminance and efficiency values are the highest ever reported for any type of QLED. The company also announced significant progress in delivering Cadmium-free QLEDs, achieving EQEs greater than 3%.

"QD Vision's Quantum-Light™ platform is approaching luminance, power, lifetime and other performance thresholds required by a broad range of commercial lighting and display systems, bringing us a giant step closer to delivering the benefits of QLEDs to consumer and industrial markets," said Dr. Dan Button, President and CEO of QD Vision. "By lowering power consumption while dramatically improving lighting performance in nearly any system configuration or format, QD Vision's quantum-dot technology has the potential to dramatically improve any lighting or display application where color, power and design matter."

According to Dr. Seth Coe-Sullivan, Chief Technology Officer and co-founder of QD Vision, the company has improved overall performance of its Quantum Light™ QLEDs by 2x in efficiency and over an order of magnitude in stability over the past 18 months.

"In addition to best-in-class color tuning and saturation, the Quantum Light™ platform is delivering the best efficiency at high brightness values we have ever seen reported worldwide," Coe-Sullivan said.

The company's success in improving performance of Cadmium-free quantum-dot-based LEDs also demonstrates its progress toward delivering green-tech solutions for commercial applications. In addition to enabling solid-state lighting solutions that dramatically reduce power consumption, QD Vision's Quantum-Light™ platform is being designed to address global environmental needs,  Button said.

"QD Vision's goal is to deliver the next generation of lighting and display products by taking advantage of the substantial performance advantages made possible by quantum-dot technologies," Coe-Sullivan said. "With our Quantum Light™ platform, we are starting to see performance levels that will enable entirely new lighting and display applications that overcome the trade-offs of current LED and OLED technologies that span color, power efficiency and cost."

About QD Vision, Inc.
QD Vision is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision's Quantum Light™ platform enables step-change advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light-emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

WATERTOWN, Mass., Nov. 3, 2008 - QD Vision, developer of nanotechnology-based solutions for displays and lighting, today announced a second technology advancement agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the mission of the U.S. Intelligence Community. The agreement expands the range of technology being explored by QD Vision for the community.

QD Vision's Quantum Light™ platform uses quantum‐dot technology to precisely tailor light emission in the near‐infrared and visible spectrum, enabling the creation of any custom color when stimulated with photons or electrons. Leveraging a breakthrough portfolio of patents and pending applications from QD Vision and from MIT, the Quantum Light™ platform sets new standards for color purity and brightness, power efficiency and design versatility. QD Vision is currently bringing this technology to bear on a range of challenges in commercial markets such as consumer electronics and solid state lighting, as well as defense and security markets.

“QD Vision continues to deliver impressive technology capabilities,” said Ben Levitan, Partner at In-Q-Tel. “QD Vision’s technology offers great promise for cutting-edge nano-material applications for customers in both the government and commercial markets.”

“As our partnership with In-Q-Tel unfolds, it is exciting to see multiple areas where our technology has the potential to meet the unique and demanding requirements of the Intelligence Community,” said Dr. Dan Button, CEO of QD Vision. “Moreover, these developments for In-Q-Tel have considerable synergy with QD Vision’s principal commercial agenda. We look forward to a long and productive working relationship with In-Q-Tel.”

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables stepchange advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light‐emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

About In-Q-Tel
In‐Q‐Tel is the strategic, not‐for‐profit investment firm that works to identify, adapt, and deliver innovative technology solutions to support the mission of the U.S. Intelligence Community. Launched by the CIA in 1999 as a private, independent organization, In‐Q‐Tel’s mission is to identify and partner with companies developing cutting‐edge technologies that serve the national security interests of the United States. Working from an evolving strategic blueprint defining the Intelligence Community’s critical technology needs, In‐Q‐Tel engages with entrepreneurs, growth companies, researchers, and investors to deliver technologies that provide superior capabilities for the CIA and the larger Intelligence Community. In‐Q‐Tel concentrates on several broad commercial technology areas, including application software and analytics; communications and infrastructure; digital identity and security; embedded systems and power; and bio, chemical, and nanotechnology. To date, In‐Q‐Tel has engaged with more than 100 companies and delivered more than 140 technology solutions to the Intelligence Community. To learn more about In‐Q‐Tel, visit www.iqt.org.

Company co-founder Dr. Seth Coe-Sullivan will present at the 4th Global Plastic Electronics conference in Berlin on October 28 and at the Materials Research Society's (MRS) Fall Conference in December in Boston. Dr. Peter Kazlas, Director of Device Development, on September 10th will deliver at EL2008 in Rome a keynote address titled "Quantum Dot Light Emitting Diodes -- a Printable Thin Film Light Source for Displays and Lighting Applications." At the Plastic Electronics conference, Dr. Coe-Sullivan will discuss quantum dot light emitting devices for solid state lighting, while at MRS Fall 2008, he will participate in a symposium on the Reliability and Properties of Electronic Devices on Flexible Substrates.

EL2008 is an international conference on the science and technology of emissive displays and lighting. In its fourth year, Global Plastics Electronics is the most comprehensive printed electronics event in Europe. The fall conference of the Materials Research Society is focused on extraordinary progress made in materials science and technology.

"As we make significant progress in solving the major issues that display and lighting manufacturers face in implementing new technologies -- lifetime, color, power efficiency, manufacturability and scalability -- it is important that we communicate our success," said Dr. Dan Button, QD Vision CEO. "We believe that quantum dot-based materials have physical properties that can help display and lighting makers reach the holy grail of breakthrough performance in mass production with competitive consumer prices."

QD Vision continues to improve and advance the capabilities and light‐emitting qualities of a new class of nanomaterials called quantum dots. Using proprietary chemistry and process technology, QD Vision can engineer quantum dots to emit light spanning the complete spectrum of colors across the visible to the infrared when stimulated with photons or electrons. Leveraging an expanding patent portfolio from QD Vision and from MIT, the company is enabling a new generation of advanced lighting solutions that will set new standards for brightness, color precision and purity, power consumption and design flexibility.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables stepchange advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light‐emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

Developer of Nanotech-based Products Ramps up with Round of Funding, Key Hires, New Contracts and Facilities Expansion

WATERTOWN, Mass., Aug. 11, 2008‐‐QD Vision, developer of nanotechnology‐based solutions for displays and lighting, experienced significant growth in the first half of 2008, driven by increased momentum behind its Quantum Light™ product platform.

Marking its transition from early stage development to a product company, QD Vision raised a $9 million round of venture‐capital financing, initiated a multimillion-dollar development deal with In‐Q‐Tel, strengthened its intellectual and management capital by adding key personnel, and doubled the size of its facilities.

Also in the first half of 2008, four new U.S. patents issued from applications that were included in the patent rights in the nanotechnology field licensed to QD Vision by Massachusetts Institute of Technology (MIT). The company also continued to design its Quantum Light™ product platform into new products being developed by strategic partners, including some of the largest firms in consumer electronics, flat‐panel displays, and electronic signage.

”We are making great progress in our mission to deliver light emitting products and technology that will enable significantly improved color quality, efficiency and designs for next generation displays and lighting applications,” said Dr. Dan Button, QD Vision CEO. “The combination of a new round of financing, new government contracts and ongoing work to design the Quantum Light™ lighting product platform into products being developed by some of the largest consumer companies is a clear indication of the company’s momentum.”

Key Personnel
Joining QD Vision is Dr. Sridhar Sadasivan, director of product development, and Dr. Anne Marie Baker, government program manager. Dr. Sadasivan, who will play a key role in bringing QD Vision’s products to market, joins the company from Rohm and Haas, where he was director of product management for optical display films. He also has more than 10 years of experience with Eastman Kodak, where his responsibilities included senior manager for product development, and program manager for optical display films.

Dr. Baker is responsible for growing and managing QD Vision’s government-funded development programs. She joins QD Vision from the technology transfer office at the University of Massachusetts, Lowell, where she focused on federal contract grant management, and sponsored research and licensing agreements. Previous experience includes director of R&D at Tyco Adhesives, and R&D positions with Polaroid Corp., Avery Dennison and W.R. Grace.

Expansion
QD Vision now occupies nearly 15,000 square feet of space at its Watertown, Massachusetts location, an increase of more than 80 percent. Much of the new space is dedicated to research and development, testing and pilot manufacturing. The company expects to more than double its total number of employees from 15 at the beginning of 2008 to nearly 40 by the end of the year. QD Vision currently has 27 employees, having already doubled its technical staff in 2008.

Financing and In-Q-Tel Agreement
In April 2008, QD Vision announced it raised $9 million from two leading venture capital firms, Highland Capital Partners and North Bridge Venture Partners, and from In‐Q‐Tel, the strategic investment firm launched by the CIA in 1999. The funding will help it launch the first QD Vision Quantum Light™ lighting products into commercial markets. The company has now raised a total of more than $20 million in equity financing.

Highland Capital and North Bridge Venture Partners participated in all rounds of the company’s financing, while In‐Q‐Tel is a new investor. The In‐Q‐Tel strategic investment included a technology advancement agreement with QD Vision to develop leading edge applications for the commercial and government markets.

QD Vision is perfecting the light‐emitting qualities of a new class of nanomaterials called quantum dots. Using proprietary chemistry and process technology, QD Vision can engineer quantum dots to emit light spanning the complete spectrum of colors from the visible to the infrared when stimulated with photons or electrons. Leveraging an expanding patent portfolio, the company is enabling a new generation of practical lighting solutions that will set new standards for brightness, color precision and purity, power consumption and design flexibility.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables stepchange advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light‐emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

WATERTOWN, Mass., April 16, 2008--QD Vision today announced it raised $9 million in venture-capital financing from two leading venture capital firms, Highland Capital Partners and North Bridge Venture Partners, and from In-Q-Tel, the strategic investment firm launched by the CIA in 1999. The funding will help it launch the first QD Vision Quantum Light™ products into commercial markets, augmenting several million dollars in bookings from government and commercial development contracts the company has already won.

“QD Vision has built upon research breakthroughs enabling quantum-dot materials to serve as a platform for the next generation of lighting and display solutions,” said Dr. Daniel Button, CEO of QD Vision. “The QD Vision Quantum Light™ product platform is being designed into new products by strategic partners who are leaders in consumer electronics, flat-panel displays, electronic signage and solid state lighting, and we are building out our infrastructure to accommodate their needs as they get ready for commercial production.”

QD Vision’s advances in nanotechnology leverage the light-emitting qualities of a new class of nanomaterials called quantum dots. Its proprietary process technology can engineer quantum dots to achieve a complete spectrum of colors from the visible to the infrared when stimulated with photons or electrons. Leveraging a breakthrough patent portfolio from QD Vision and from MIT, the company is enabling a new generation of lighting solutions that will set new standards for brightness, color purity, power consumption and design flexibility.

"QD Vision's work with light-emitting quantum-dot nanocrystals is laying the foundation for future displays with extraordinary color, power efficiency and process-scalability," said Barry Young, a leading authority on new display technologies and Senior Advisor at DisplaySearch, an NPD Group Company. "With its new funding and an exceptional team, QD Vision is well positioned to seize this opportunity."

Highland Capital and North Bridge Venture Partners participated in earlier rounds of the company’s financing, and In-Q-Tel is a new investor. In addition to its capital investment, In-QTel also funded a multi-million-dollar contract with QD Vision to develop leading edge applications for customers in the federal and commercial markets.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables stepchange advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light‐emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

 
WATERTOWN, Mass.--April 9, 2008--QD Vision today announced a strategic investment and technology advancement agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the mission of the broader U.S. Intelligence Community. The agreement is the latest in a series of government contracts totaling more than $5 million secured in the past year by QD Vision, a nanotechnology leader developing quantum-dotbased display and solid-state lighting solutions.

QD Vision's Quantum Light™ product platform uses quantum-dot technology to create customcolors in both the visible and the near-infrared spectrum when stimulated with photons or electrons. Leveraging a breakthrough patent portfolio from QD Vision and from MIT, the Quantum Light™ product platform sets new standards for color purity and brightness, power efficiency and design versatility. QD Vision is currently bringing this technology to bear on a range of challenges in commercial markets such as consumer electronics and solid state lighting, as well as defense and security markets.

“In-Q-Tel’s portfolio is made up of innovative and critically important commercial technologies that can address the most difficult technology challenges faced by both commercial enterprises and the national security community,” said Ben Levitan, Partner at In-Q-Tel. “QD Vision’s proprietary technology offers great promise for leading edge applications for customers in the federal and commercial markets."

“Our partnership with In-Q-Tel is a natural fit, as we see our patented technology playing an expanding role in enhancing critical government applications even as we also enable a new generation of commercial applications,” said Dr. Dan Button, CEO of QD Vision. “In-Q-Tel is a unique strategic investor driven by the technology needs of users within the Intelligence Community. QD Vision is proud to support their important mission.”

More than $5 Million in Government Contracts
QD Vision has secured more than $5 million in contracts from U.S. federal government agencies since early 2007, including In-Q-Tel, the Advanced Technology Program (ATP) of the National Institute of Standards and Technology (NIST), and the Air Force Office of Scientific Research (AFOSR).

“Government-sponsored R&D programs represent a vital part of QD Vision’s commercial technology development strategy,” said Dr. Seth Coe-Sullivan, QD Vision Co-Founder and Chief Technology Officer. “These programs have remarkable synergy with and directly support the core development of quantum-dot compositions, applications and device performance—all of which have tremendous value in a broad range of future commercial applications.”

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables stepchange advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light‐emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

WATERTOWN, Mass.--Feb. 6, 2008--QD Vision today announced it appointed Dan Button, Ph.D., as President, Chief Executive Officer and a member of the board of directors. The company also elevated Willy Shih, Ph.D., to Chairman of the Board (non-executive) and named Edward H. Braun as a member of the board of directors.

Dr. Button has more than 20 years of experience launching and building materials-based businesses in global, high-growth markets, particularly in the display industry. He has repeatedly helped establish advanced materials technologies as industry standards by designing in new products with industry leaders such as Sony, Sharp and Toyota.

Dr. Button is leading QD Vision’s drive toward commercialization of its quantum-dot materials and display technologies by forging design-in and strategic partnerships with leading global manufacturers. He was formerly a senior executive with a number of leading materials companies in the Fortune 500, including DuPont (Electronics/Asia), Corning (Displays) and Rohm and Haas, as well as in other MIT spin-offs including Boston MicroSystems and E Ink, the Massachusetts developer of electronic paper components for handheld devices. He holds a Ph.D. from MIT and a B.S. from Cornell, both in Materials Science and Engineering.

“QD Vision continues to build a team of proven business leaders to help drive the commercialization of our quantum-dot products,” notes new CEO Dan Button. “Willy Shih and Ed Braun further reinforce our pool of cross-functional leaders with specific experience building businesses in QD Vision’s high-growth arena of advanced materials, lighting and displays.”

Dr. Shih, the new non-executive Chairman of the Board, was already a member of QD Vision’s board of directors. With an extensive background in advanced materials, intellectual property and the electronics industry, he provides QD Vision with strategic and hands-on experience in guiding new technologies to market.

Dr. Shih is Senior Lecturer, Technology and Operations Management, at Harvard Business School. From 1997 through early 2005, he helped create Kodak’s consumer digital business, including leadership of the Display and Components Group with businesses in CCD, CMOS, silicon sensors, OLED (organic light emitting device) display devices, and associated materials. He was also head of corporate intellectual property strategy at Kodak. Previously, Dr. Shih spent 18 years in the computer industry at IBM, at Silicon Graphics, where he led marketing of advanced systems, and at Thomson, where he led the technology group and oversaw corporate research, intellectual property and licensing.

QD Vision’s new board member, Edward H. Braun, is chairman of Veeco, a leading provider of metrology and process equipment solutions used by manufacturers in the data storage, semiconductor and compound semiconductor/wireless industries. His experience includes extensive work integrating advanced LED technologies into systems and applications. He is also former chairman of SEMI, the trade association for the semiconductor and display industries, and a current member of the executive advisory council of IDEMA, the International Disk Drive Equipment and Materials Association.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables stepchange advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light‐emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

The patent, which claims novel and innovative compositions, moves QD Vision closer to commercializing quantum dots for the display industry. “This innovation represents a path to realize the performance and manufacturing advantages of integrating quantum dots into electrical device structures” said Seth Coe-Sullivan, CTO of QD Vision.

QD Vision has more than 30 patent applications augmenting the patent portfolio licensed from M.I.T. and further establishing its leadership position in high-performance materials and processes for QD-LED displays.

About QD Vision, Inc.
QD Vision (http://www.qdvision.com) is a quantum-dot product company that delivers highly differentiated lighting solutions to major industries where color, power and design matter. QD Vision’s Quantum Light™ platform enables stepchange advances over other display and lighting solutions such as liquid-crystal displays (LCDs), plasma displays, light‐emitting diodes (LEDs), and even organic LEDs (OLEDs). QD Vision is actively designing in products with industry-leading companies in target markets including consumer electronics and flat panel displays, electronic signage, clean tech such as solid state lighting, and defense. Leveraging a first-tier patent position in nanotechnology originating at MIT, QD Vision is a privately held company based in Watertown, Mass.

WATERTOWN, MA, Nov. 13, 2006--QD Vision, Inc., announced it has achieved significant improvements in efficiency of its red quantum-dot light-emitting devices (QDLEDs). The trend of improvements in brightness, color, resolution and other metrics continue to advance QD- LEDs toward best-in-class performance levels among display technologies.

"The new performance registered with our red QD-LED is an important milestone on QD Vision's path to develop and deliver quantum-dot materials, device architectures and manufacturing processes that will enable manufacturers to produce the next generation of high-performance displays," said QD Vision CEO Mark Comerford.

According to QD Vision, red QD-LEDs fabricated in its laboratory have consistently and simultaneously achieved external quantum efficiencies (EQEs) of 3.1% and luminous efficiencies of 3.4 lm/W (4.2 Cd/A) at a brightness of 210 nits and with CIExy color coordinates of (0.66, 0.33), which exceeds the stringent NTSC standard. These metrics are substantial improvements over the best-in-class results QD Vision announced for its red LEDs in June 2006.

The improvements in QD Vision's red display come on the heels of the company's announcement in October of the world's first green quantum-dot LED, which also achieved record setting performance levels. The company said it has also produced a blue QD-LED that will be the focus of a future announcement.

"We are making steady progress toward commercialization of quantum-dot display materials and technologies," said Dr. Seth Coe-Sullivan, Chief Technology Officer and co-founder of QD Vision. "We intend to continue driving further improvements in the performance of QD Vision devices to enable the next generation of displays that will offer a better lifetime, efficiency, and viewing experience than current-generation products."

About QD Vision
QD Vision (http://www.qdvision.com) is leading quantum-dot materials advancements and manufacturing process development for the next generation of displays. With backing from Highland Capital Partners and North Bridge Venture Partners, QD Vision's interdisciplinary team is focused on eliminating the shortcomings of current-generation displays by achieving the unique combination of high product reliability, low power consumption, scalable manufacturing, and best-in-class viewing experience.

WATERTOWN, MA--Oct. 2, 2006--QD Vision, Inc. announced is has developed the first green quantum-dot light-emitting device utilizing proprietary technology that leverages inherent advantages of quantum-dot emissive materials for commercial-quality displays. The technological first is yet another milestone toward the company's goal of enabling the next generation of premium flat-panel displays that will feature high product reliability, low power consumption, scalable manufacturing, and best-in-class viewing experience.

"Our green LED is a significant step forward on our path to develop quantum-dot materials, device architectures and manufacturing processes that will enable manufacturers to produce new high-performance displays," said Mark Comerford, CEO of QD Vision. "We have already produced the highest reported efficiency for a quantum-dot light emitting device with our red display, and now we have met our development schedule for a green display that also achieves target threshold performance levels."

The company said green quantum-dot devices fabricated in its laboratory have consistently and simultaneously achieved external quantum efficiencies (EQEs) of 0.81% and luminous efficiencies of 2.7 lm/W (2.8 Cd/A) at a brightness of 140 nits and with CIExy color coordinates of (0.32, 0.62) -- exceeding stringent color standards set by the NTSC.

According to Dr. Seth Coe-Sullivan, Chief Technology Officer and co-founder of QD Vision, the green display is yet another demonstration of the commercial viability of quantum-dot technology.

"When we began our research at MIT, we knew quantum-dot materials had emissive and performance qualities that made them inherently advantageous for high-end displays," he said. "The green display we have developed at QD Vision demonstrates the significant progress we continue to make in achieving device performance that will enable better lifetime, efficiency, and viewing experience when compared to current-generation products."

WATERTOWN, MA, Sept. 11, 2006 – QD Vision, Inc. announced today it has been quietly developing and refining a proprietary and highly scalable printing technique for the manufacture of quantum dot (QD) displays and has begun discussions with commercialization partners. The fabrication method employed is derived from a quantum-dot contact printing method originally developed at MIT. According to QD Vision CEO Mark Comerford, the successful demonstration of the company's proprietary process is a technological milestone that will help pave the way for a new generation of displays that are larger, more reliable and higher quality than today's displays.

"Development of a viable contact-printing process enabling all the benefits of quantum dot materials is a breakthrough the display industry has been waiting for," Comerford said. "QD Vision's successful demonstration of a process designed for large-scale production of QD displays is a significant technological achievement."

The prototype red monochrome QD display has a 32 x 64 pixel count. The light emission originates from quantum dots – tiny (~5nm) inorganic semiconductor nanocrystals synthesized at QD Vision – and represents the first public announcement of a display utilizing this nanotechnology. The quantum dots were printed within a sandwich of organic semiconductor thin films, which deliver energy to the quantum dots enabling light emission.

“This is the first time we have produced a multi-pixel display using our new process, which is fundamentally capable of printing the fine features required for high-resolution display applications,” said Seth Coe-Sullivan, Chief Technology Officer and co-founder of QD Vision. “In addition to making an attractive prototype display, this achievement demonstrates that QD Vision's printing method can provide the uniformity over the extremely large areas necessary for printing displays.”

According to John Ritter, Executive Vice President of Product Development and Operations of QD Vision, the QD Vision process is an important advancement in the development of a manufacturing process that will enable large-area display processing compatible with the latest generation display manufacturing operations. “Combined with ongoing improvements in quantum dot materials and display performance, QD Vision's contact-printing process brings us one step closer to the commercialization of quantumdot displays," Ritter said.

The successful demonstration of the printing process is the latest in a series of milestones that QD Vision has met in the past 12 months – including recruitment of a broad, crossdisciplinary management team, initial financing from Highland Capital Partners and North Bridge Venture Partners, establishment of corporate headquarters including a prototype manufacturing laboratory, and demonstration of key technology proofs of concept.

About QD Vision
QD Vision (http://www.qdvision.com) is leading quantum-dot materials advancements and manufacturing process development for the next-generation of displays. With backing from Highland Capital Partners and North Bridge Venture Partners and foundational intellectual property licensed from MIT, QD Vision's interdisciplinary team is focused on eliminating the shortcomings of current-generation displays by achieving the unique combination of high product reliability, low power consumption, scalable manufacturing, and best-in-class viewing experience. Its technologies are designed to eliminate the shortcomings of current-generation displays, delivering advances in viewing experience and form factors at prices comparable to legacy technologies.

WATERTOWN, MA, September 8, 2006 -- QD Vision, Inc. announced today that Cofounder and Chief Technologist Seth Coe-Sullivan has been recognized by Technology Review as one of the world’s Top Science and Technology Innovators under the age of 35 for his breakthrough work in quantum dot LED performance and manufacturing process technology. Coe-Sullivan will receive his award at the upcoming 2006 Emerging Technologies Conference at MIT.

As a founder and CTO of QD Vision, Seth Coe-Sullivan is the company’s technology visionary. Seth received his Electrical Engineering Ph.D. from the MIT in May 2005 where his research focused on incorporating quantum dots into hybrid organic/inorganic LEDs. This work led to new fabrication techniques and the design of a completely integrated thin film deposition system that will enable the next generation of displays.

Seth has over 10 papers and patents pending in the fields of organic light emitting devices, quantum dot LEDs and nanotechnology fabrication.

“Seth’s work at QD Vision has driven several technological firsts including the manufacture of the first quantum dot display, significant advances to the contact printing process he invented at MIT, and achieving the highest reported performance from a quantum dot LED,” said Mark Comerford, CEO of QD Vision. “To have our Chief Technologist honored in this manner validates Coe-Sullivan’s leading-edge research and QD Vision’s future business prospects.”

According the Jason Pontin, Editor-in-Chief of Technology Review: “The technology achievements of the TR35 winners are pushing the known limits of science and technology today. It’s very exciting to think about how this new technology will shape their fields and our future in the days and years to come.”

The honorees are selected by the editors of the magazine in collaboration with a prestigious panel of judges from major institutions and corporations such as Boston University, Hewlett-Packard Labs, the Lawrence Livermore Laboratory, Caltech, and Applied Materials.

QD Vision (http://www.qdvision.com) is leading quantum-dot materials advancements and manufacturing process development for the next generation of displays. With backing from Highland Capital Partners and North Bridge Venture Partners, QD Vision's interdisciplinary team is focused on eliminating the shortcomings of current-generation displays by achieving the unique combination of high product reliability, low power consumption, scalable manufacturing and best-in-class viewing experience. QD Vision was formed in 2004 by Chief Technology Officer Dr. Seth Coe-Sullivan, Director of Business Development Greg Moeller, and Director of Chemistry Dr. Jonathan Steckel to commercialize work on quantum-dot display materials, processes and devices begun at MIT.

Comerford initially joined QD Vision as General Manager in November 2005, leading the team through the research and development initiatives and the strategic planning process prior to his appointment to the CEO post. A 23-year semiconductor industry veteran, Comerford previously was the General Manager for Wireless Data Products at Skyworks Solutions, Inc. Before joining Skyworks, Comerford held senior management positions at Alpha Industries and the Semiconductor Business Unit of M/A COM, Inc.

Ritter adds more than 20 years of relevant product development and manufacturing operations experience to QD Vision. Prior to joining the company, he was Vice President of Development at E-Ink, where his responsibilities encompassed all aspects of materials, process and product development engineering. Ritter has an additional 17 years of experience with Corning Inc., where heheld a variet of technical and leadership positions in development, engineering and manufacturing functions in the optical fiber, photonic components, display glass, and semiconductor materials businesses.

As IP Counsel, Finnegan brings over 20 years of IP experience and a critical skill set to support QD Vision’s materials and IP licensing business model. Prior to QD Vision, she was Counsel and an Assistant Corporate Secretary at Cabot Corporation, where her area of concentration was Intellectual Property. Before joining Cabot, Finnegan was a member of the Intellectual Property Group at GTE Corporation where she held the position of General Counsel - Intellectual Property for various business units of GTE, including GTE Telecommunication Products & Services and GTE Laboratories. During her career at GTE, she also provided Intellectual Property counsel to GTE Sylvania’s Lighting Products business.

Adding to the strength of the leadership team, QD Vision's Scientific Advisory Board includes Dr. Vladimir Bulovic, whose work as an Associate Professor of Electrical Engineering and Computer Science at MIT helped form the basis for the company's technology platform, and Dr. Moungi Bawendi, a Professor of Chemistry at MIT and a world-recognized leader in the synthesis of nanomaterials. Prior to joining QD Vision, Professor Bawendi was a founder of Quantum Dot Corporation and a former scientific advisory board member at Nanosys, Inc.

generation displays that take advantage of the benefits of quantum-dot technologies. Seth Coe-Sullivan, Greg Moeller and Jonathan Steckel founded QD Vision, Inc. to commercialize work begun at MIT on quantum-dot display materials, processes and devices.

Moeller is exploring QD Vision’s commercial opportunities and the team plans to pursue

venture-capital funding to help move the company's proprietary technology from the lab to the marketplace. Coe-Sullivan and Steckel are working to license and transition the technology from MIT. Two additional founders, Dr. Vladimir Bulovic, Associate Professor of Electrical Engineering and Computer Science at MIT, and Joe Caruso, Managing Director of the Bantam Group, will act in supporting roles as science and management advisors, respectively.

The founders have the breadth and mix of experience necessary to build an early-stage start-up company focused on the benefits of quantum dot materials and processes to enable a new generation of displays offering a better visual experience, better economics and more userfriendly form factors than current-generation displays:

Seth Coe-Sullivan is a Ph.D. candidate in electrical engineering at MIT, where he is

doing groundbreaking research on hybrid organic/inorganic light-emitting devices that

incorporate quantum dots as the emissive layer. This work has lead to the discovery of

new, efficient fabrication techniques that could provide revolutionary benefits to the

display industry. He has numerous papers and patents pending in the fields of organic

light emitting devices, quantum dot LEDs and nanotechnology fabrication.

Greg Moeller has had a long association with MIT's Sloan School of Management,

where he earned his MBA and was awarded the Ronald I. Heller Grant for

entrepreneurship in 2002. Prior to QD Vision, he was Director of Business Development

at Lucent's Homeland Security Solutions group and Business Development Manager at

Bluefin Robotics Corporation (ACQ: Battelle). Previously, he was a Senior Associate at

an early-stage venture capital fund.

Jonathan Steckel is a PhD candidate in Chemistry at MIT, where he has developed and

synthesized new core and core-shell inorganic semiconductor nanocrystals for the

creation of hybrid organic/inorganic light-emitting devices. These new nanoparticle

materials specifically designed and synthesized to address the needs of QD-LED displays

have helped enable the transition of this technology from the lab to an R&D setting. He

has 10 papers and patent applications in the fields of quantum dot LEDs and nanotechnology.

About QD Vision

QD Vision (http://www.qdvision.com) is leading quantum-dot materials advancements and

manufacturing process development for the next-generation of displays. With technology based on the founders’ research at MIT, QD Vision's interdisciplinary team is focused on eliminating the shortcomings of current-generation displays by achieving the unique combination of high product reliability, low power consumption, efficient manufacturing, and best-in-class viewing experience.